Product Development and Management Leader
7 days ago
We are seeking a seasoned Product Development and Management Executive to join our team at The Supreme HR Advisory Pte Ltd. As a key member of our organization, you will play a crucial role in driving the development and management of innovative products that meet the evolving needs of our customers.
Key Responsibilities
- Develop and implement product strategies that align with market trends and customer insights.
Ideation: generate, develop, curate, and prioritize ideas for new products.
Analyze market data and customer feedback to define requirements for new products.
Evaluate scientific information to generate concepts for new product innovations and define product features.
Develop and maintain knowledge of industrial trends and technologies to inform product decisions.
Prioritize and manage multiple product development projects simultaneously.
Collaborate with cross-functional teams to ensure timely and successful product launches.
Establish and maintain relationships with contract manufacturers and suppliers to source high-quality ingredients and materials.
Manage product testing, efficacy assessment, and stability studies to ensure compliance with regulations.
Develop and implement pricing strategies based on market research and competitor analysis.
Presentation of new product plans to management for review and approval.
- New Product Introduction:
Work with Marketing to develop technical briefs and product information sheets for marketing campaigns.
Provide product training to regional trainers, marketing teams, and salesforce leaders.
- Post-Launch Product Management:
Monitor and analyze product performance, including sales, profit, and loss.
Identify opportunities for incremental improvement and implement changes as needed.
Liaise with contract manufacturers to address formula-related matters and ensure compliance with regulations.
Collaborate with Quality Assurance to address corrective and preventive actions (CAPAs).
- Contribute to the development and implementation of standard operating procedures (SOPs) for product development and management activities.
Requirements
- Degree in Nutrition, Pharmacy, Chemistry, or a related field.
- Experience in product development and management, preferably in the dietary supplement and health food industry.
- Strong understanding of product lifecycle management and Agile methodologies.
- Excellent communication and project management skills.
- Ability to work independently and collaboratively as part of a team.
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